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FHFA Finalizes DTS Rule on Colonias

April 13, 2023
Dennis Hollier
The new rule changes the definition of "colonia" and "rural area" to ensure more of these impoverished, predominantly Latino communities are covered under the regulation.
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Unemployment Uncertainty Clouds Consumer Loans

April 13, 2023
Sam Manas
Secondary market analysts speaking on a dv01 panel said that as unemployment increases, borrowers with lower credit scores will see drops in performance. In auto, inflation has reduced access to credit for lower-income borrowers.
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Further Declines in Securitization Issuance

April 12, 2023
John Bancroft
Combined MBS issuance at Fannie Mae, Freddie Mac and Ginnie Mae was down 21.2% from the fourth quarter and off 66.9% from the first three months of 2022.
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UWM Brings Back 1% Down Loans

April 12, 2023
Dennis Hollier
The revived program means United Wholesale Mortgage will eat 2% of the home price (up to $4,000) in the form of downpayment assistance.
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Short Takes: Sen. Scott's Housing Policy / HUD Extends Forbearance Deadline for Native Americans / NAR Economist Pushes End of QT

April 12, 2023
Dennis Hollier and Monica Hogan
Republican Sen. Tim Scott begins his presidential campaign by making a housing policy statement.
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FTC Requests Injunction on ICE/Black Knight Tie-Up

April 11, 2023
Sam Manas
The FTC filed a motion for a temporary restraining order and a preliminary injunction to halt the proposed acquisition of Black Knight by Intercontinental Exchange.
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Ginnie MBS Issuance Shrinks More in 1Q23

April 11, 2023
Monica Hogan
Issuance of single-family Ginnie Mae mortgage-backed securities saw significant declines in the first three months of 2023.
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Lenders Frustrated by Wave of GSE Buybacks

April 11, 2023
Paul Muolo
Lenders interviewed by Inside MBS & ABS said they are receiving more buyback requests than before.
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Agency MBS Issuance Slides Further in First Quarter

April 7, 2023
John Bancroft
It was the ninth straight quarterly decline for agency MBS issuance.
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Ouch: Originations Unprofitable in 2022

April 7, 2023
Brandon Ivey
2022 marked the first year that net production was negative for the full year since the MBA started its performance survey in 2008.
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Latest Imf News

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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